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Mejumaa

Update on Mejumaa

This is Mejumaa. She previously accessed a loan that she used to renovate her business premises.

She would like to apply for a loan of 60,000 Kenyan shillings to buy food ingredients such as rice, sugar, beans, and onions for her business. Her profit from her business will definitely help her to provide for her daily needs. She looks forward to this financial increase with happiness and thankfulness in her heart.

Previous Loan Details

Mejumaa used her previous Kiva loan to buy flour, sugar and cooking oil. Her loan was of much benefit because she was able to buy a larger amount of raw materials and get better prices for her dishes. She’s currently applying for a new Kiva loan that she’ll use to renovate the business premise.… More from Mejumaa's previous loan »

Additional Information

About Yehu Microfinance Trust

This loan is administered by Yehu Microfinance Trust, which was founded in 1998 as a project of CHOICE Humanitarian Kenya. In July 2007, Yehu became a separate entity from CHOICE and was registered as a trust. Since then, Yehu has expanded to cover over half of Kenya’s 13 coastal districts.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Kenya

  • $1,800
    Average annual income
  • 641
    View loans »
    Kenya Loans Fundraising
  • $39,147,625
    Funds lent in using Kiva
  • 84.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Mejumaa to buy food ingredients such as rice, sugar, beans and onions for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 16, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014